šŸ”„šŸ’„Binance warned about 5 altcoins: There is a danger of 'Delist'!

#Binance the world's largest cryptocurrency exchange, has announced that it has placed five cryptocurrencies on its watch list.

According to a statement from the exchange, the cryptocurrencies included in the watch list are Ellipsis (EPX), ForTube (FOR), Unfi Protocol DAO (UNFI), Waves (WAVES) and Wrapped NXM (WNXM).

The inclusion of cryptocurrencies on the watch list means that they no longer meet the listing standards and may be removed from the list.

Binance may decide to remove these cryptocurrencies from the list in the coming days.

ā€œTokens with a tracking tag exhibit significantly higher volatility and risk compared to other listed tokens," the statement said. These tokens are closely monitored with regular reviews. Please note that tokens with a tracking tag are no longer at risk of not meeting our listing criteria and being removed from the platform.ā€ it was said.

Due to the decision, EPX lost 13 percent, FOR 17 percent and WAVES lost 15 percent. There have been no significant changes at UNFI and WNXM.

Binance has started monitoring five cryptocurrencies and issued a warning that these cryptocurrencies may be removed from the list.

#DelistingUpdate